Bitcoin mining is the process of adding new transactions to the blockchain and securing the network through computational work.
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Mining plays a crucial role in Bitcoin's economic model, providing security while distributing new bitcoins.
Bitcoin mining incentivizes finding the cheapest energy sources, often driving innovation in renewable energy.
Bitcoin mining has evolved significantly since Satoshi Nakamoto mined the first block in 2009.
Each halving event has dramatically impacted mining economics, reducing block rewards while increasing Bitcoin's scarcity.
Mining connects to every aspect of Bitcoin, from transactions to network security.
After understanding mining, explore transaction structure, network protocols, or cryptographic foundations.
The computational power used to mine and process transactions
A number that miners change to find a valid block hash
A measure of how hard it is to find a valid block hash
The number of blocks in the blockchain
A hash that represents all transactions in a block
Application-Specific Integrated Circuit for mining
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